State Bank Of India K N Palayam Branch Rep By Its Branch Manager vs M Poonkodi — 245/2024

Case under Code of Civil Procedure Section order 7 rule 1. Disposed: Uncontested--Ex-Parte Decree on 17th April 2026.

Case disposed

OS - Original Suit

CNR: TNED050006422024

e-Filing Number

30-09-2024

Filing Number

668/2024

Filing Date

28-Oct-2024

Registration No

245/2024

Registration Date

28-Oct-2024

Court

Sub Court, Sathyamangalam

Judge

1-Subordinate Judge

Decision Date

17-Apr-2026

Nature of Disposal

Uncontested--Ex-Parte Decree

Last updated 27-Apr-2026

Acts & Sections

Code of Civil Procedure Section order 7 rule 1

Petitioner(s)

  1. 1.State Bank Of India K N Palayam Branch Rep By Its Branch Manager

    Adv. M.G.Shajukumar

Respondent(s)

  1. 1.M Poonkodi

Case History

  1. Case disposedDisposed

  2. 17-Apr-2026

    Copy of Judgment

    Summary: The Subordinate Court of Sathyamangalam decreed the suit filed by State Bank of India against M. Poongodi for recovery of Rs. 1,57,458/- with interest. The court found that the defendant had obtained a cash credit loan of Rs. 1,00,000/- in 2019, executed loan documents including a hypothecation agreement, but failed to repay despite repeated requests. Since the defendant remained absent throughout proceedings and presented no defense, the court accepted the bank's uncontested evidence and awarded the decreed amount with 9% interest from suit date to decree date, and 6% thereafter until full realization. This case analysis is maintained by casestatus.in based on publicly available court records.

  3. 17-Apr-2026

    Disposed

    Subordinate Judge

  4. 06-Apr-2026

    Arguments

    Subordinate Judge

  5. 17-Mar-2026

    Arguments

    Subordinate Judge

  6. 10-Mar-2026

    Ex-Parte Evidence

    Subordinate Judge

  7. 05-Feb-2026

    Ex-Parte Evidence

    Subordinate Judge

  8. 08-Jan-2026

    Ex-Parte Evidence

    Subordinate Judge

  9. 02-Dec-2025

    Ex-Parte Evidence

    Subordinate Judge

  10. 06-Oct-2025

    Ex-Parte Evidence

    Subordinate Judge

  11. 04-Aug-2025

    Issue of Service

    Subordinate Judge

  12. 07-Apr-2025

    Issue of Service

    Subordinate Judge

  13. 21-Jan-2025

    Issue of Service

    Subordinate Judge

  14. 28-Oct-2024

    First hearing

    Initial hearing scheduled

  15. 28-Oct-2024

    Case filed

    Registration No. 245/2024

casestatus.in Summary

Summary: The Subordinate Court of Sathyamangalam decreed the suit filed by State Bank of India against M. Poongodi for recovery of Rs. 1,57,458/- with interest. The court found that the defendant had obtained a cash credit loan of Rs. 1,00,000/- in 2019, executed loan documents including a hypothecation agreement, but failed to repay despite repeated requests. Since the defendant remained absent throughout proceedings and presented no defense, the court accepted the bank's uncontested evidence and awarded the decreed amount with 9% interest from suit date to decree date, and 6% thereafter until full realization. This case analysis is maintained by casestatus.in based on publicly available court records.

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